Senate File 2398 - Enrolled

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  1  1                                            SENATE FILE 2398
  1  2
  1  3                             AN ACT
  1  4 PROVIDING A SALES TAX EXEMPTION FOR PURCHASES OF SOLAR ENERGY
  1  5    EQUIPMENT.
  1  6
  1  7 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  1  8
  1  9    Section 1.  Section 423.3, Code Supplement 2005, is amended
  1 10 by adding the following new subsection:
  1 11    NEW SUBSECTION.  89.  The sales price from the sale of
  1 12 solar energy equipment.  For purposes of this subsection,
  1 13 "solar energy equipment" means equipment that is primarily
  1 14 used to collect and convert incident solar radiation into
  1 15 thermal, mechanical, or electrical energy or equipment that is
  1 16 primarily used to transform such converted solar energy to a
  1 17 storage point or to a point of use.
  1 18
  1 19
  1 20                                                             
  1 21                               JEFFREY M. LAMBERTI
  1 22                               President of the Senate
  1 23
  1 24
  1 25                                                             
  1 26                               CHRISTOPHER C. RANTS
  1 27                               Speaker of the House
  1 28
  1 29    I hereby certify that this bill originated in the Senate and
  1 30 is known as Senate File 2398, Eighty=first General Assembly.
  1 31
  1 32
  1 33                                                             
  1 34                               MICHAEL E. MARSHALL
  1 35                               Secretary of the Senate
  2  1 Approved                , 2006
  2  2
  2  3
  2  4                                
  2  5 THOMAS J. VILSACK
  2  6 Governor